Is 13077, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13077 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 13077 was a Buyer's Market.

Key Takeaway

13077 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13077, NY

How much do homes in 13077, NY cost?

Median Sold Price

$174,000

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$49,750(-22.2%)

Key Takeaway

Homes in 13077 have sold for 22.2% less than they did a year ago.

Summary: The median home sold price in 13077 was $174,000 in April 2024, down 22.2% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $164.8K$84K
-49.0%
2 $215.5K$159.9K
-25.8%
3 $189.9K$157.5K
-17.1%
4 $231.5K$202.5K
-12.5%
5+ $410K$174K
-57.6%

Summary: 13077 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49%, 2 bedroom homes decreased by 25.8%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 57.6%.

Median Sold Price Compared To Nearby Zip Codes

13045
+0.6%
13077
-22.2%

Housing Supply in 13077, NY

How many homes are available in 13077, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
13130.0%

Summary: The 13077 real estate market had 13 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 22
0.0%
3 75
-28.6%
4 24
+100.0%
5+ 11
0.0%

Summary: The 13077 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13077, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 13077 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 13077, NY

How long does it take to sell a home in 13077, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
107 Days8 Days-92.5%

Summary: Homes in 13077 had an average of 8 days on market in Apr 2024, down by 92.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13077 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 13077; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in 13077, NY

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